Garden Reach Shipbuilders & Engineers Ltd.
GRSEIndustrials filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
14 transcript(s)/analyst meet(s) served; 1 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 14 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| COVER_LETTER | 20230301 | 2022-12-31 | no | |
| TRANSCRIPT | 20230606 | 2023-03-31 | yes | |
| ANALYST_MEET | 20230828 | 2023-06-30 | yes | |
| ANALYST_MEET | 20231123 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240321 | 2023-12-31 | yes | |
| ANALYST_MEET | 20240822 | 2024-06-30 | yes | |
| ANALYST_MEET | 20241121 | 2024-09-30 | yes | |
| ANALYST_MEET | 20250220 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250527 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250826 | 2025-06-30 | yes | |
| ANALYST_MEET | 20251114 | 2025-09-30 | yes | |
| ANALYST_MEET | 20260217 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260519 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260811 | 2026-06-30 | yes |
GRSE
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | standalone |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 2,344.00 |
| 52-week range | 1972.8 – 3093.8 |
| Return 1M | -10.11% |
| Return 3M | -13.98% |
| Return 1Y | -13.66% |
| Return 3Y | 194.34% |
| Return 5Y | 1134.66% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 1,815.00 |
| Other income | 100.00 |
| Total income | 1,914.00 |
| Cost of materials consumed | 1,244.00 |
| Purchases of stock-in-trade | 128.00 |
| Changes in inventories | -0.00 |
| Employee benefit expense | 101.00 |
| Finance costs | 4.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.74 | 0.00 |
| institutions foreign | 0.03 | -0.00 |
| institutions domestic | 0.02 | 0.00 |
| mutual funds | 0.02 | 0.00 |
| public | 0.26 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| ANALYST_MEET | 2025-12-31 | 7 |
| COVER_LETTER | 2022-12-31 | 1 |
| TRANSCRIPT | 2026-06-30 | 6 |
Financial statements
Filed results, standalone, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 682.00 | 699.00 | 601.00 | 756.00 | 898.00 | 923.00 | 1,016.00 | 1,010.00 | 1,153.00 | 1,271.00 | 1,642.00 | 1,310.00 | 1,677.00 | 1,896.00 | 2,119.00 | 1,815.00 |
| Other income | 41.00 | 50.00 | 70.00 | 71.00 | 72.00 | 82.00 | 76.00 | 74.00 | 75.00 | 72.00 | 114.00 | 73.00 | 69.00 | 62.00 | 71.00 | 100.00 |
| Total income | 723.00 | 749.00 | 671.00 | 827.00 | 969.00 | 1,005.00 | 1,092.00 | 1,084.00 | 1,228.00 | 1,343.00 | 1,756.00 | 1,382.00 | 1,746.00 | 1,958.00 | 2,190.00 | 1,914.00 |
| Cost of materials consumed | 357.00 | 433.00 | 332.00 | 445.00 | 603.00 | 546.00 | 466.00 | 599.00 | 807.00 | 874.00 | 1,045.00 | 680.00 | 678.00 | 1,252.00 | 812.00 | 1,244.00 |
| Purchases of stock-in-trade | 72.00 | 6.00 | 29.00 | 1.00 | 37.00 | 21.00 | 138.00 | 117.00 | 29.00 | 23.00 | 102.00 | 72.00 | 147.00 | 153.00 | 216.00 | 128.00 |
| Changes in inventories | 1.00 | -4.00 | 4.00 | 15.00 | -23.00 | -2.00 | 4.00 | -34.00 | -4.00 | 17.00 | -40.00 | -3.00 | 45.00 | 0.00 | 7.00 | -0.00 |
| Employee benefit expense | 76.00 | 78.00 | 83.00 | 85.00 | 83.00 | 86.00 | 94.00 | 90.00 | 83.00 | 91.00 | 97.00 | 106.00 | 94.00 | 101.00 | 112.00 | 101.00 |
| Finance costs | 1.00 | 1.00 | 4.00 | 5.00 | 2.00 | 1.00 | 3.00 | 4.00 | 2.00 | 2.00 | 1.00 | 6.00 | 4.00 | 4.00 | 3.00 | 4.00 |
| Depreciation and amortisation | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 11.00 | 11.00 | 10.00 | 12.00 | 12.00 | 12.00 | 13.00 | 14.00 |
| Other expenses | 128.00 | 139.00 | 134.00 | 163.00 | 150.00 | 222.00 | 223.00 | 181.00 | 169.00 | 190.00 | 217.00 | 343.00 | 558.00 | 217.00 | 617.00 | 192.00 |
| Total expenses | 644.00 | 663.00 | 595.00 | 725.00 | 862.00 | 886.00 | 939.00 | 968.00 | 1,097.00 | 1,209.00 | 1,432.00 | 1,216.00 | 1,537.00 | 1,740.00 | 1,780.00 | 1,683.00 |
| Profit before exceptional items and tax | 79.00 | 86.00 | 76.00 | 102.00 | 107.00 | 119.00 | 153.00 | 115.00 | 131.00 | 134.00 | 324.00 | 167.00 | 209.00 | 218.00 | 411.00 | 232.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 79.00 | 86.00 | 76.00 | 102.00 | 107.00 | 119.00 | 153.00 | 115.00 | 131.00 | 134.00 | 324.00 | 167.00 | 209.00 | 218.00 | 411.00 | 232.00 |
| Current tax | 20.00 | 20.00 | 20.00 | 26.00 | 26.00 | 31.00 | 41.00 | 30.00 | 32.00 | 35.00 | 75.00 | 43.00 | 54.00 | 56.00 | 105.00 | 60.00 |
| Deferred tax | 1.00 | 2.00 | 1.00 | -1.00 | 1.00 | -1.00 | 0.00 | -2.00 | 1.00 | 0.00 | 4.00 | 3.00 | 2.00 | -9.00 | 2.00 | -1.00 |
| Tax expense | 20.00 | 22.00 | 21.00 | 25.00 | 27.00 | 30.00 | 41.00 | 28.00 | 33.00 | 36.00 | 79.00 | 47.00 | 56.00 | 47.00 | 108.00 | 59.00 |
| Profit for the period | 59.00 | 64.00 | 55.00 | 77.00 | 81.00 | 88.00 | 112.00 | 87.00 | 98.00 | 98.00 | 244.00 | 120.00 | 154.00 | 171.00 | 303.00 | 173.00 |
| Other comprehensive income | 3.00 | 0.00 | -3.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 1.00 | -3.00 | -1.00 | -1.00 | 1.00 | 3.00 | 1.00 |
| Total comprehensive income | 62.00 | 64.00 | 52.00 | 77.00 | 81.00 | 88.00 | 112.00 | 87.00 | 98.00 | 99.00 | 241.00 | 120.00 | 153.00 | 172.00 | 306.00 | 174.00 |
| Earnings per share, basic | 5.13 | 5.58 | 4.83 | 6.69 | 7.05 | 7.70 | 9.74 | 7.61 | 8.54 | 8.57 | 21.32 | 10.49 | 13.43 | 14.91 | 26.47 | 15.09 |
| Earnings per share, diluted | 5.13 | 5.58 | 4.83 | 6.69 | 7.05 | 7.70 | 9.74 | 7.61 | 8.54 | 8.57 | 21.32 | 10.49 | 13.43 | 14.91 | 26.47 | 15.09 |
Annual results, as filed
| Line | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,386.00 | 1,433.00 | 1,141.00 | 1,758.00 | 2,561.00 | 3,593.00 | 5,076.00 | 7,002.00 |
| Other income | 171.00 | 225.00 | 188.00 | 161.00 | 202.00 | 300.00 | 335.00 | 274.00 |
| Total income | 1,558.00 | 1,659.00 | 1,328.00 | 1,918.00 | 2,763.00 | 3,892.00 | 5,411.00 | 7,277.00 |
| Cost of materials consumed | 680.00 | 692.00 | 447.00 | 935.00 | 1,495.00 | 2,060.00 | 3,325.00 | 3,422.00 |
| Purchases of stock-in-trade | 92.00 | 54.00 | 24.00 | 8.00 | 112.00 | 197.00 | 271.00 | 588.00 |
| Changes in inventories | -9.00 | -24.00 | 11.00 | 0.00 | 5.00 | -6.00 | -61.00 | 50.00 |
| Employee benefit expense | 291.00 | 297.00 | 269.00 | 290.00 | 317.00 | 349.00 | 361.00 | 413.00 |
| Finance costs | 5.00 | 1.00 | 3.00 | 1.00 | 6.00 | 11.00 | 10.00 | 16.00 |
| Depreciation and amortisation | 27.00 | 30.00 | 29.00 | 36.00 | 39.00 | 41.00 | 42.00 | 49.00 |
| Other expenses | 290.00 | 374.00 | 317.00 | 383.00 | 483.00 | 758.00 | 758.00 | 1,734.00 |
| Total expenses | 1,377.00 | 1,424.00 | 1,101.00 | 1,653.00 | 2,458.00 | 3,411.00 | 4,707.00 | 6,272.00 |
| Profit before exceptional items and tax | 181.00 | 234.00 | 228.00 | 265.00 | 305.00 | 481.00 | 703.00 | 1,005.00 |
| Exceptional items | -2.00 | -11.00 | -21.00 | -8.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 179.00 | 224.00 | 207.00 | 257.00 | 305.00 | 481.00 | 703.00 | 1,005.00 |
| Current tax | 66.00 | 58.00 | 59.00 | 63.00 | 74.00 | 125.00 | 173.00 | 258.00 |
| Deferred tax | 3.00 | 2.00 | -5.00 | 5.00 | 4.00 | -1.00 | 3.00 | -1.00 |
| Tax expense | 69.00 | 60.00 | 54.00 | 68.00 | 77.00 | 124.00 | 176.00 | 257.00 |
| Profit for the period | 110.00 | 163.00 | 153.00 | 190.00 | 228.00 | 357.00 | 527.00 | 748.00 |
| Other comprehensive income | -6.00 | -12.00 | 4.00 | 1.00 | 1.00 | 1.00 | -3.00 | 3.00 |
| Total comprehensive income | 104.00 | 152.00 | 157.00 | 191.00 | 229.00 | 358.00 | 525.00 | 751.00 |
| Earnings per share, basic | 9.60 | 14.27 | 13.40 | 16.55 | 19.91 | 31.19 | 46.04 | 65.29 |
| Earnings per share, diluted | 9.60 | 14.27 | 13.40 | 16.55 | 19.91 | 31.19 | 46.04 | 65.29 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 8,675.00 | 10,776.00 | 11,076.00 | 10,252.00 | 10,059.00 | 10,354.00 | 10,984.00 | 10,636.00 |
| Non-current assets | 925.00 | 881.00 | 811.00 | 806.00 | 804.00 | 830.00 | 865.00 | 940.00 |
| Current assets | 7,749.00 | 9,895.00 | 10,266.00 | 9,446.00 | 9,255.00 | 9,524.00 | 10,120.00 | 9,697.00 |
| Property, plant and equipment | 486.00 | 499.00 | 489.00 | 485.00 | 484.00 | 499.00 | 538.00 | 557.00 |
| Capital work-in-progress | 20.00 | 5.00 | 9.00 | 12.00 | 15.00 | 21.00 | 18.00 | 16.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other intangible assets | 6.00 | 8.00 | 8.00 | 8.00 | 14.00 | 16.00 | 15.00 | 19.00 |
| Inventories | 1,367.00 | 2,919.00 | 2,725.00 | 3,984.00 | 3,739.00 | 3,552.00 | 3,270.00 | 3,402.00 |
| Trade receivables | 53.00 | 51.00 | 117.00 | 194.00 | 246.00 | 259.00 | 779.00 | 1,221.00 |
| Cash and cash equivalents | 5.00 | 14.00 | 9.00 | 5.00 | 7.00 | 4.00 | 7.00 | 17.00 |
| Total equity and liabilities | 8,675.00 | 10,776.00 | 11,076.00 | 10,252.00 | 10,059.00 | 10,354.00 | 10,984.00 | 10,636.00 |
| Equity | 1,360.00 | 1,414.00 | 1,563.00 | 1,673.00 | 1,842.00 | 2,079.00 | 2,296.00 | 2,626.00 |
| Equity share capital | 115.00 | 115.00 | 115.00 | 115.00 | 115.00 | 115.00 | 115.00 | 115.00 |
| Other equity | 1,246.00 | 1,299.00 | 1,449.00 | 1,559.00 | 1,728.00 | 1,965.00 | 2,181.00 | 2,512.00 |
| Total liabilities | 7,314.00 | 9,362.00 | 9,513.00 | 8,578.00 | 8,216.00 | 8,275.00 | 8,688.00 | 8,010.00 |
| Non-current liabilities | 120.00 | 121.00 | 122.00 | 122.00 | 124.00 | 126.00 | 153.00 | 151.00 |
| Current liabilities | 7,195.00 | 9,241.00 | 9,391.00 | 8,456.00 | 8,092.00 | 8,149.00 | 8,535.00 | 7,859.00 |
| Borrowings, non-current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Borrowings, current | 0.00 | 301.00 | 0.00 | 56.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade payables | 1,027.00 | 1,174.00 | 1,645.00 | 992.00 | 1,013.00 | 1,151.00 | 1,967.00 | 1,828.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 1,093.00 | 1,450.00 | 39.00 | -707.00 | -200.00 | 16.00 | -605.00 | -290.00 |
| Net cash from investing activities | -1,086.00 | -1,666.00 | 273.00 | 1,056.00 | 282.00 | 170.00 | 675.00 | 527.00 |
| Net cash from financing activities | -12.00 | 220.00 | -317.00 | -358.00 | -80.00 | -187.00 | -67.00 | -223.00 |
| Purchase of property, plant and equipment | 22.00 | 42.00 | 18.00 | 48.00 | 21.00 | 67.00 | 39.00 | 77.00 |
| Net increase in cash | -5.00 | 4.00 | -5.00 | -9.00 | 2.00 | -1.00 | 4.00 | 13.00 |
| con:CFO.BEFORE_TAX | 1,127.00 | 1,527.00 | 91.00 | -583.00 | -139.00 | 191.00 | -503.00 | -33.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 34.00 | 77.00 | 52.00 | 124.00 | 61.00 | 176.00 | 102.00 | 257.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 74.50 | 74.50 | 74.50 | 74.50 | 74.50 | 74.50 | 74.50 | 74.50 | 74.50 | 74.50 | 0.74 | 0.74 | 0.74 | 0.74 |
| Domestic institutions | 7.91 | 7.47 | 5.96 | 6.03 | 6.14 | 3.20 | 1.87 | 1.87 | 1.90 | 1.82 | 0.02 | 0.02 | 0.02 | 0.02 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 1.40 | 0.02 | 0.01 | 0.01 | 0.02 |
| Insurance companies | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.03 | 0.02 | 0.04 | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreign institutions | 2.67 | 3.11 | 3.34 | 2.87 | 3.26 | 3.91 | 3.65 | 3.70 | 3.84 | 5.33 | 0.03 | 0.03 | 0.04 | 0.03 |
| Government | — | — | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 |
| Public | 25.50 | 25.50 | 25.50 | 25.50 | 25.50 | 25.50 | 25.50 | 25.50 | 25.50 | 25.50 | 0.26 | 0.26 | 0.26 | 0.26 |
| Non-institutional | 14.91 | 14.93 | 16.20 | 16.60 | 16.10 | 18.39 | 19.98 | 19.93 | 19.76 | 18.35 | 0.20 | 0.21 | 0.20 | 0.20 |
| Shares outstanding | 114552000 | 114552000 | 114552000 | 114552000 | 114552000 | 114552000 | 114552000 | 114552000 | 114552000 | 114552000 | 114552000 | 114552000 | 114552000 | 114552000 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Shantanu Bose | Director (Shipbuilding) | Remuneration | 3,619,000.00 | 1 |
| Subrato Ghosh | Director (Personnel) | Remuneration | 3,338,000.00 | 1 |
| HARI P R | Chairman & Managing Director | Remuneration | 3,166,000.00 | 1 |
| Ramesh Kumar Dash | Director (Finance) | Remuneration | 2,512,000.00 | 1 |
| Sandeep Mahapatra | Company Secretary | Remuneration | 1,944,000.00 | 1 |
| Sanjay Dattatraya Panse | Independent Director | Remuneration | 360,000.00 | 1 |
| Sanjeeb Mohanty | Independent Director | Remuneration | 260,000.00 | 1 |
| Rajeev Prakash | Government Nominee Director | Remuneration | 0.00 | 1 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-11 | Q1FY27 | Read the call | |
| 2026-05-19 | Q4FY26 | Read the call | |
| 2026-02-17 | Q3FY26 | Read the call | |
| 2025-11-14 | Q2FY26 | Read the call | |
| 2025-08-26 | Q1FY26 | Read the call | |
| 2025-05-27 | Q4FY25 | Read the call | |
| 2025-02-20 | Q3FY25 | Read the call | |
| 2024-11-21 | Q2FY25 | Read the call | |
| 2024-08-22 | Q1FY25 | Read the call | |
| 2024-03-21 | Q3FY24 | Read the call | |
| 2023-11-23 | Q2FY24 | Read the call | |
| 2023-08-28 | Q1FY24 | Read the call | |
| 2023-06-06 | Q4FY23 | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q1FY27 | Q2FY24 | Q2FY25 | Q2FY26 | Q3FY24 | Q4FY23 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | My first question is on the line of your CAPEX announcement that you did. | — | — | — | Is there any incremental CAPEX that you have to do or I mean most of it is done? | So, if you can broadly touch upon that, do we have those kinds of expertise or the capacity, I mean we will require the plant or CAPEX and any partner… | — | — |
| Capital allocation | — | — | For the P17 Bravo project, Defence Acquisition Council (DAC) has already accorded the AON and again, what I'm trying to convey is the clock has starte… | In addition, seven more projects have been accorded the Approval of Necessity (AoN) by the Defence Acquisition Council over the last one year. | — | The Approval of Necessity (AON) was recorded by the Defence Acquisition Council for this particular project during May‐June 2022. | In addition, Navy has already obtained the AON of the Defence Acquisition Council for 12 Mine Counter Measure Vessels. | But as you are aware that government, including during the last year, perhaps even during the last two last Defense Acquisition Council, have given a … |
| Costs | — | — | — | — | Any constraints with respect to raw material supply or any components which you might face or might be facing currently? | — | — | — |
| Debt and cash | — | — | My question is largely on your working capital. | — | — | I can only say that these are the values that are available and other income, I reiterate, suppose if we do not do effective treasury management, woul… | — | — |
| Demand | During the next 15 to 20 minutes, I shall brief you on our financial and physical performance and also touch upon our current order book, the status o… | The total outstanding order book is 23739.59 crore. | Our order book as on 30th September, 2024 stands to ₹24,221.37 crore. | I shall touch upon the financial performance of the quarter ending and half year ending 30th September 2025, will give you a glimpse of the physical p… | The physical performance that is translated into the financial performance, our current order book position, how we plan to execute the current orders… | The order book position, the execution plan for the current orders and also give you a glimpse of the future outlook of the company. | Our order book as on 31st March, 2024 was ₹22,652 crores. | I shall also touch upon the current order book, execution plan for the ongoing projects, orders on the anvil, and the future outlook of the Company, i… |
| Guidance | It's a high value project and we expect the contract to be signed anytime now. | And of these four ships that have already been launched, the 1st ship, we expect to be delivered in the next four months. | We expect the ship to be delivered during January, 2025. | So, we expect these projects to gain some traction over the next 6 months. | So, this project and Anti-Submarine Shallow Water Crafts project, we expect to complete by mid 2026. | We expect good dividends once this MoU has translated into a license agreement as these engines are in high demand for our major customers i.e. the Na… | In addition to these two, we expect RFPs for six Next Generation Ocean Going Patrol Vessels for the Indian coast guard, two Multi-Purpose Vessels for … | We expect the order value to be to the tune of around INR 1,500 crore, and the Next Generation Offshore Petrol Vessels for the Indian Coast Guard, fiv… |
| Margin | — | Ours is a highly specialized industry where the PAT margin above 7.5 is considered healthy. | Sir, my first question is on the gross margin front. | See, always trick questions are welcome, just trend on the margin. | A similar rise in total income by 34%, EBITDA touched 367 crore with a 41% increase. | And sir what has been the key reason why we are not able to scale up our EBITDA margins despite our revenue rising to all‐time high in FY23, so if you… | So, to answer your question, we will be able to maintain more or less the same margin, it is not one off anyway. | So, there will be some sort of de-operating leverage also, because your fixed cost will continue to remain elevated. |
| People | — | — | My first question is like what is the current utilization rate of the dockyards? | — | — | — | — | — |
| Pricing | — | — | — | — | — | — | — | And the second reason is that they have found that the Indian pricing is affordable for them and competitive for them and so is the quality of the bus… |
| Revenue growth | Our total income stood at ₹1,914 crore, recording a year-on-year growth of 38% when compared to Q1 FY26 results and the revenue from operations has in… | — | As I had mentioned, the results have been very encouraging and if you are doing a year-on-year comparison, our revenue from operations have gone up fr… | Our revenue from operations year-on-year has gone up from ₹1,153 crores to ₹1,677 crores, registering a growth of 45%. | Between the P17 Alpha alone and supported by the other two projects, we should be giving us a revenue growth of around 20% - 25% at least for the next… | With the EBITDA going up from ₹294.88 crore to ₹351 crore, registering a growth of 19%. | If you are comparing quarter-to-quarter, our revenue from operations have moved up from ₹1,015 crores to ₹1,642 crores, registering a growth of 62%. | The revenue from operations recorded during the quarter was INR 2,119 crore, registering a growth of 29% over the last year and the profit after tax h… |